New Figures Reveal Tax inequalities in Tanzania

If you've been following the Diamond seized at the Dar Es Salaam airport story, you'll probably be shocked at the mining figures income in Tanzania....

Tanzania said on Saturday it planned to nationalize diamonds whose value it put at $29.5 million belonging to a mine majority owned by London-listed Petra Diamonds after it accused the miner of under-declaring its mineral exports.
The diamonds were seized at the main airport in Tanzania’s commercial capital Dar es Salaam on Aug. 31 as they were being exported by Williamson Diamonds Ltd to Antwerp, Belgium.
The government first confirmed the confiscation on Thursday, when President John Magufuli was receiving audits by parliamentary committees on the mining sector- REU